NOT LISTED FOR SALE

1908 Ernest Ave Redondo Beach, CA 90278

North Redondo Beach Neighborhood

Estimated Value: $1,824,000 - $2,139,735

6 Beds
4 Baths
2,782 Sq Ft
$712/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,603,750 $576 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,956/month

7 Days on Market

Highlights

  • Lawn
  • No HOA
  • Landscaped
  • Lincoln Elementary School Rated A+
  • Laundry Room
  • 5-minute walk to 8th Street Park

About This Home

As of May 2021

Discover your new home in this generous 1120 sq. ft. unit, ideally situated in North Redondo Beach. Enjoy the convenience of easy access to the 405, plus proximity to schools, parks, supermarkets, shops, restaurants, and the beach.
Features Include:
2 Bedrooms, 2 Full Bathrooms
Expansive 1120 sq. ft. layout
Beautiful hardwood floor
Generous kitchen space equipped with microwave, stove, and dishwasher
Peak-a-boo city views from your balcony
One enclosed automated garage and another dedicated parking space
Quiet back unit for a private and peaceful retreat
In-unit washer and dryer included
Ceiling fans
Don’t miss out on this fantastic opportunity!

Tenant pays for electricity and water. Heaters, dryer, and stove are electrically powered.
Smoking is not permitted inside the unit or on the lot premises.

Last Agent to Sell the Property

Rodman Amiri

Merit Real Estate License #01760226 Listed on: 03/01/2021

Co-Listed By

Amir Amiri

Merit Real Estate License #01041226

Last Buyer's Agent

Ann Huang

Fathom Realty Group, Inc. License #02084989

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,508 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Level Lot
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 6 / 39
  • Assessor Parcel Number 4150021006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Water Sewer Expense $3,600
  • New Taxes Expense $18,625
  • Operating Expense $26,625
  • Gross Income $70,800
  • Net Operating Income $44,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: RBR-2
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4150021006
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 576.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Landscaped, Lawn, Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 7508.00
  • Lot Size Acres: 0.1724

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7508.0000 Square Feet
  • Net Operating Income: 44175.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 26625.00
  • Rent Control: No
  • Total Actual Rent: 70800.00
  • Total Expenses: 26625.00

Tax Info

  • New Taxes Expense: 18625.00
  • Tax Block: 39
  • Tax Census Tract: 6205.01
  • Tax Lot: 6
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Sep 28, 2015
Sold by
Bahrami Jamshid and Azari Fariba
Bought by
Bahrami & Azari Trust
Seller's Agent
Eric Britton
Compass
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$1,150,000
Sold Price
$1,185,000
Premium/Discount to List
$35,000
3.04%
Current Estimated Value
$1,981,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,434
Avg. Annual Appreciation
5.11%
Original Mortgage
$551,500
Outstanding Balance
$431,825
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,549,609

Purchase Details

Listed on
Aug 6, 2015
Closed on
Sep 4, 2015
Sold by
Matthis Sharon K and Matthis Yvonne Marie
Bought by
Bahrami Jamshid and Azari Fariba
Seller's Agent
Eric Britton
Compass
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$1,150,000
Sold Price
$1,185,000
Premium/Discount to List
$35,000
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,500
Outstanding Balance
$431,825
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,549,609
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bahrami & Azari Trust -- None Available
Bahrami Jamshid $1,185,000 Western Resources Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahrami Jamshid $551,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2024 09/01/24 For Rent $3,200 0.0% --
05/14/2021 05/14/21 Sold $1,603,750 +7.6% $576 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,490,000 -7.1% $536 / Sq Ft
03/05/2021 03/05/21 Off Market $1,603,750 -- --
03/01/2021 03/01/21 For Sale $1,490,000 +25.7% $536 / Sq Ft
09/25/2015 09/25/15 Sold $1,185,000 +3.0% $426 / Sq Ft View Prior Sale
08/14/2015 08/14/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $1,150,000 -- $413 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,368 $1,736,218 $1,190,674 $545,544
2024 $20,368 $1,702,176 $1,167,328 $534,848
2023 $19,997 $1,668,801 $1,144,440 $524,361
2022 $19,645 $1,636,080 $1,122,000 $514,080
2021 $15,735 $1,295,967 $858,510 $437,457
2020 $15,708 $1,282,680 $849,708 $432,972
2019 $15,350 $1,257,531 $833,048 $424,483
2018 $14,857 $1,232,874 $816,714 $416,160
2016 $14,379 $1,185,000 $785,000 $400,000
2015 $3,463 $216,337 $43,634 $172,703
2014 $3,417 $212,100 $42,780 $169,320
Source: Public Records

Agents Affiliated with this Home

  • Rodman Amiri

    Seller's Agent in 2021

    Rodman Amiri

    Merit Real Estate

    (310) 989-6704

    11 in this area

    90 Total Sales

    Rodman Amiri
    Section Image
  • Amir Amiri

    Seller Co-Listing Agent in 2021

    Amir Amiri

    Merit Real Estate

    (310) 544-4444

    73 in this area

    136 Total Sales

    Amir Amiri
    Section Image

  • A

    Buyer's Agent in 2021

    Ann Huang

    Fathom Realty Group, Inc.

    (310) 802-5700

    2 in this area

    2 Total Sales

    Ann Huang
    Section Image
  • Eric Britton

    Seller's Agent in 2015

    Eric Britton

    Compass

    (310) 874-5403

    4 in this area

    30 Total Sales

    Eric Britton
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Anne Celestin

    RE/MAX

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21042719

California Regional Multiple Listing Service (CRMLS)

APN: 4150-021-006

California Los Angeles County Redondo Beach 90278 North Redondo Beach

1908 Ernest Ave, Redondo Beach, CA

Not Listed for Sale

MultiFamily

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